- Yum China Holdings (YUMC, Financial) to consider a quarterly dividend on April 30, 2025.
- The announcement complies with HKEX rules, requiring advance notice.
- No guarantee for dividend declaration as no board resolution has been adopted yet.
Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987), a major player in the restaurant industry, has announced that its Board of Directors will contemplate the declaration and payment of a quarterly dividend by April 30, 2025. This step complies with the Hong Kong Stock Exchange (HKEX) requirements, which mandate prior notification of board meetings where dividend declarations are on the agenda.
The company emphasized the absence of any board resolution currently regarding the dividend, thereby not ensuring its declaration. Should the board decide to proceed, any decision related to the dividend will be promptly communicated through Yum China's Investor Relations website and the HKEX filings.
Investors can access the potential dividend announcement on Yum China's Investor Relations site at http://ir.yumchina.com and the HKEX website at http://www.hkex.com.hk. This planned consideration aligns with Yum China's commitment to transparency and compliance with HKEX listing regulations.